Bloomberg Issues Public Apology to Binance Following Defamatory Coverage

Bloomberg Businessweek has formally issued an apology to Binance and its co-founder Changpeng Zhao for a 2022 story that mischaracterized Zhao as leading a “Ponzi scheme.” This apology was published in the 250th edition by Modern Media CL, Bloomberg’s publisher, displaying their commitment to rectifying past mistakes and improving journalistic integrity. A public apology is